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El Demerdash appointed as CEO & MD of ADIB Capital
MOVES- Hatem El Demerdash (Linkedin) has been appointed the CEO and managing director at ADIB Capital, according to Al Mal.…
Speed Round
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EFG Hermes sees 3Q2018 revenues surpass EGP 1 bn
EARNINGS WATCH- Regional financial services corporation EFG Hermes reported a net profit after tax and minority interest of EGP 279…
Parliament overhauls proposed amendments to Real Estate Tax Act
LEGISLATION WATCH- Parliament changes-up proposed amendments to Real Estate Tax Act: The House Housing Committee has completed drafting a revised…
Egypt’s FRA says consumer credit draft in final stages
LEGISLATION WATCH- FRA says Consumer Credit Act is in its final stages: The Financial Regulatory Authority (FRA) is in the…
What’s happening with the promised release of export subsidy funds, ask Egypt’s exporters
What’s happening with the promised release of export subsidy payments, ask Egypt’s exporters: Egyptian exporters frustrated by what they feel…
Court rejects Beltone’s request to stay FRA-imposed suspension on investment banking arm; next hearing 1 December
Court rejects Beltone’s request to stay FRA-imposed suspension on investment banking arm: An administrative court rejected yesterday Beltone Financial’s request…
EAEF will invest an additional USD 165 mn in Egypt by end-2019
INVESTMENT WATCH- EAEF is looking to invest as much as USD 165 mn in Egypt by the end of next…
Medhat Khalil requests deadline extension for Raya MTO
M&A WATCH- Medhat Khalil requests a deadline extension for Raya MTO: Raya Holding for Financial Investments founder Medhat Khalil has…
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